E-commerce retailer JD.com to spin off health unit, list in Hong Kong

E-commerce retailer JD.com to spin off health unit, list in Hong Kong

A sign of China's e-commerce company JD.com is seen at CES (Consumer Electronics Show) Asia 2016 in Shanghai, China, May 12, 2016. REUTERS/Aly Song/File Photo

Chinese e-commerce retailer JD.com is planning to spin off its health unit and list it on the Hong Kong stock exchange, the New York-listed company said on Monday, a move that follows escalating Sino-U.S. political tensions.

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